My husband has been on worker's comp the whole year. I don't know if they take taxes out on that or not, he doesn't really get a paycheck stub. How is this going to effect doing our taxes? This is the first year I've done them, and I don't want to screw up! lol. Do they usually take taxes out of WC, or do I just not have to worry about it?
2007-02-02 05:31:17 · 5 answers · asked by Misty 3 in Business & Finance ➔ Taxes ➔ Other - Taxes
workmans comp is an insurance and there for not subject to taxes
2007-02-08 06:50:18 · answer #1 · answered by Shelly t 6 · 0⤊ 0⤋
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2007-02-09 16:44:40 · answer #2 · answered by Anonymous · 0⤊ 0⤋
workman has com insurance
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2007-02-09 18:49:35 · answer #3 · answered by mcgibbs_mail 1 · 0⤊ 0⤋
they don't take out taxes, you have to pay the taxes on it yourself...at least that's how it is in NE
2007-02-02 05:38:43 · answer #4 · answered by 'Lissa 5 · 0⤊ 0⤋
no taxes are paid on wmc
2007-02-09 10:18:05 · answer #5 · answered by francismcmonagle 1 · 0⤊ 0⤋